Accel Entertainment, Inc. — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Accel Entertainment, Inc. (ACEL)
CIK: 0001698991
Period of Report: 2023-03-14

Reporting Person: Ellis Mathew Scot (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-14	Class A-1 Common Stock	M	3185	—	Acquired	27927	Direct
2023-03-14	Class A-1 Common Stock	F	934	$8.89	Disposed	26993	Direct
2023-03-16	Class A-1 Common Stock	M	737	—	Acquired	27730	Direct
2023-03-16	Class A-1 Common Stock	F	216	$8.88	Disposed	27514	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-14	Restricted Stock Units (RSU)	$	M	3185	Disposed		Class A-1 Common Stock (3185.0)	Direct
2023-03-15	Restricted Stock Unit (RSU)	$	A	19774	Acquired		Class A-1 Common Stock (19774.0)	Direct
2023-03-16	Restricted Stock Units (RSU)	$	M	737	Disposed		Class A-1 Common Stock (737.0)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2: 1/4 of the RSUs will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

F3: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F4: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.